Swedbank enters strategic partnership in Norway
Swedbank has entered a strategic partnership with Norway’s largest savings bank, SpareBank 1 SR-Bank. The partnership is built on a shared commitment for sustainable growth to enable improved services for corporate clients in both Sweden and Norway. In connection with the partnership with SpareBank 1 SR-Bank, Swedbank will divest its High Yield and ECM operations in Norway to SpareBank 1 Markets, in which SpareBank 1 SR-Bank is a shareholder.“Our strategic partnership with SpareBank 1 SR-Bank is based on a shared commitment for sustainable growth. Swedbank’s Norwegian branch will be leaner